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Interpretation of actual and constructive total loss under the Marine Insurance Act 1906

Edwards Wildman Palmer LLP
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United Kingdom
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February 25 2010

Masefield AG v Amlin Corporate Member Ltd 2010 EWHC 280 (Comm) concerned the interpretation of actual and constructive total loss under the Marine Insurance Act 1906

New York State Court denies motion to compel discovery of reinsurance and reserve information

Edwards Wildman Palmer LLP
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USA
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July 29 2010

In Mt. McKinley Ins. Co. v. Corning Inc., 2010 NY Slip Op 20235 (N.Y. Sup. Ct. June 14, 2010), an insured (“Corning”) moved to compel discovery of reinsurance and reserve information from its insurers, arguing that this information was relevant, material and necessary to its coverage claim

New Japanese insurance law concerning insurance contracts comes into force

Edwards Wildman Palmer LLP
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Japan
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April 8 2010

The new Japanese Insurance Act (the Insurance Act), which was passed by the Japanese Diet in May 2008 came into force on 1 April 2010

Foreign reinsurers announce earthquake loss estimates as industry sectors survey damage

Edwards Wildman Palmer LLP
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Chile
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March 11 2010

Foreign reinsurers are beginning to count the cost of the earthquake in Chile last month, with announced loss estimates already surpassing $1.5 billion

Court denies Wells Fargo’s motion to dismiss on statute of limitations grounds

Edwards Wildman Palmer LLP
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USA
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June 10 2010

The United States District Court for the Northern District of California recently granted in part and denied in part motions to dismiss a class action brought by a class of purchasers of mortgage pass-through certificates

Third parties may have rights of action against insurance brokers

Edwards Wildman Palmer LLP
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United Kingdom
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February 9 2010

In Mr Peter Crowson v HSBC Insurance Brokers Ltd (unreported), the Judge, in considering an application to strike out the claimant's claim, held that an individual who is not in a contractual relationship with an insurance broker may have rights of action in tort andor contract where the insurance to be arranged is also for his benefit

Ninth Circuit affirms ruling that reinsurer has no duty to contribute to settlement payment where reinsured excess policy was not triggered

Edwards Wildman Palmer LLP
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USA
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July 2 2010

Texas Farmers Insurance Company ("Texas Farmers") issued claims-made insurance policies (transformed into occurrence-based policies through endorsement) to Kaiser Permanente, a medical facility, for the policy periods of 4999-4900, 4900-4901, and 4901-4902

New York adopts revisions to Regulation 118 governing audited financial statements

Edwards Wildman Palmer LLP
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USA
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January 12 2010

On December 28, 2009, the New York Insurance Department ("NYID") issued a Notice of Emergency adoption revising Regulation 118 to implement new audit and reporting standards on an emergency basis

Speech by Sally Dewar - taking the FSA's corporate governance agenda forward

Edwards Wildman Palmer LLP
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United Kingdom
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April 6 2010

Sally Dewar, the Financial Services Authority's (FSA) managing director of Risk, gave a speech entitled "Taking the FSA's corporate governance agenda forward" at the City Corporate Governance and Remuneration Summit on 30 March 2010

Insurers face more noise-induced hearing loss claims following Court of Appeal decision

Edwards Wildman Palmer LLP
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United Kingdom
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January 21 2010

Insurers may see increased exposure on employers' liability policies in 2010, particularly related to noise-related personal injuries, as the effects of the so-called textile deafness test litigation are felt in the industry

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Search results

Interpretation of actual and constructive total loss under the Marine Insurance Act 1906

New York State Court denies motion to compel discovery of reinsurance and reserve information

New Japanese insurance law concerning insurance contracts comes into force

Foreign reinsurers announce earthquake loss estimates as industry sectors survey damage

Court denies Wells Fargo’s motion to dismiss on statute of limitations grounds

Third parties may have rights of action against insurance brokers

Ninth Circuit affirms ruling that reinsurer has no duty to contribute to settlement payment where reinsured excess policy was not triggered

New York adopts revisions to Regulation 118 governing audited financial statements

Speech by Sally Dewar - taking the FSA's corporate governance agenda forward

Insurers face more noise-induced hearing loss claims following Court of Appeal decision

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